Hagerstown Electric

Electricity Rates, Plans & Statistics

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About Hagerstown Electric

Hagerstown Electric serves electricity to Hagerstown, Indiana and is a municipally owned entity. There are 1,170 customer accounts who are served by the supplier. These customer accounts are made up of 0.34% industrial customers, 18.03% commercial properties and 81.62% residential properties. On average, Hagerstown Electric's patrons purchase residential electricity for 9.34 cents per kilowatt hour. Fortunately for their customers, this price is lower than both the Indiana and the nationwide average rates of 13.96 and 14.11 cents per kilowatt hour, respectively. Approximately 20,451 megawatt hours were sold by the provider to retail end users in 2019. The electricity sourced by Hagerstown Electric is made up primarily of megawatt hours they procured on wholesale channels. Of the electricity sourced by the company, whole purchased made up 100.00%. The total revenue of the provider in 2019 was $2,057,000, which was earned entirely through electricity sales to retail customers.

Consumers of the company pay an average residential electricity bill of $98.76. This is 21.59% below the nationwide average bill of $125.95. Electricity production is not part of the Hagerstown Electric business plan, as they purchase electricity at wholesale rates and then resell to their consumers.

Hagerstown Electric Rate & Electric Bills

Hagerstown Electric residential electric rates are highest in January and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.105/kWh$0.093/kWh$103.02/mo.$98.76/mo.
325th9.34¢Hagerstown Electric's Average residential price per kWh
1020th$98.76Average monthly electricity bill for Hagerstown Electric's residential customers

Hagerstown Electric Overview

  • Company Type:Municipal
  • Headquarters:49 East College Street
    Hagerstown, Indiana 47346
    United States of America

Hagerstown Electric Contact

Hagerstown Electric Service

  • Outage Phone:(765) 489-6171

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Hagerstown Electric Coverage Map

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Hagerstown Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Indiana1,1701,959,60093100%

Hagerstown Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Wayne County66,553713.07$145.85/mo

Hagerstown Electric Reviews

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Hagerstown Electric FAQ:

What is the phone number for Hagerstown Electric?

The Hagerstown Electric phone number is (765) 489-6171.

What is the average bundled electricity rate for Hagerstown Electric customers?

The average bundled price of electricity for consumers of Hagerstown Electric is 9.34 cents per kilowatt hour (¢/kWh).

What is the average bundled bill for Hagerstown Electric customers each month?

Consumers of Hagerstown Electric pay, on average, a monthly bundled bill of $98.76.

Last Reviewed By: Fernando García
Published: 2022-08-21